Tennis Group Seeks $1.5M From Insurer For Antitrust Suit

Law360, New York (May 3, 2012, 7:08 PM EDT) -- ATP Tour Inc., a nonprofit that governs a worldwide men's tennis circuit, told a Florida federal court Thursday that its insurer owes it $1.5 million in defense costs related to a $250 million antitrust action ATP faced over its reorganization of tournament schedules.

Ponte Vedra Beach, Fla.-based ATP said that National Union Fire Insurance Co. of Pittsburgh failed to respond to requests for the final $1.5 million the insurer owes under a "not-for-profit individual and organization insurance policy" that covered the group from January 2007 to...